Winners Take All: The Politics of Partial Reform in Postcommunist Transitions

  title={Winners Take All: The Politics of Partial Reform in Postcommunist Transitions},
  author={Joel S. Hellman},
  journal={World Politics},
  pages={203 - 234}
  • J. Hellman
  • Published 1 February 1998
  • Economics, Political Science
  • World Politics
Conventional models of the politics of economic reform tend to be based on an assumption about the costs and benefits of reform, known informally as the J-curve. Reforms are expected to make things worse before they get better. This presents a classic time inconsistency dilemma for reformist governments forced to demand severe sacrifices from the public in the short term for the mere promise of future gains. In response, political economy models of the reform process have tended to stress the… 
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